US EditionVW CEO Says Germany Must Learn From China's 'Strong Discipline'
8 Articles
8 Articles
VW CEO Oliver Blume speaks plain text: The company's previous business model no longer works.
China's economy is growing under the hard hand of Xi Jinping. Should Germany orientate itself to this? VW boss Blume makes quirky proposal.
VW CEO Says Germany Must Learn From China's 'Strong Discipline'
Volkswagen Group CEO Oliver Blume has reaffirmed the company’s commitment to German production, while urging the country to learn from China’s “strong discipline and commitment to implementation.” Speaking with Bild am Sonntag, Blume said production in Germany remains viable — provided costs drop, productivity rises, and the company adapts to intensifying global competition from China [...]
VW CEO Says Germany Must Learn From China’s ‘Strong Discipline’
Volkswagen Group CEO Oliver Blume has reaffirmed the company’s commitment to German production, while urging the country to learn from China’s “strong discipline and commitment to implementation.” Speaking with Bild am Sonntag, Blume said production in Germany remains viable — provided costs drop, productivity rises, and the company adapts to intensifying global competition from China and US trade barriers. While the company’s Chief Executive fi…
The Volkswagen Group is undergoing an enormous transformation phase after a deterioration in its profits and operating results, although revenues and sales have remained at levels similar to those of the previous year. In this context, its CEO, Oliver Blume, has drawn a much more demanding scenario for the European manufacturer. In an interview given to Bild am Sonntag, the manager attributes this setback to several extraordinary factors, includ…
Volkswagen is struggling with declining profits and is restructuring massively: Head of the Group Blume is planning job cuts, new strategies and a stronger focus on global markets.
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